EconomyA week of gains for the peso: the dollar...

A week of gains for the peso: the dollar starts on Friday below 20 pesos

The Mexican peso appreciated on Friday for the fifth consecutive day in a session with little relevant economic information and investors awaiting the impact of central bank measures to control inflation.

Exchange rate from dollar to pesos

According to information from Bloomberg, the Mexican currency was trading this Friday morning at 19.88 pesos per dollar , with an appreciation of 0.36%, compared to the close of the day on Thursday, when the dollar was sold at 19.9612 pesos per unit, according to the .

For the rest of the day, the exchange rate could fluctuate between 19.85 and 20.05 pesos per dollar, according to Ci Banco estimates.

The peso outlines a week of gains supported by the expectation of a less aggressive United States Federal Reserve in the pace of increases in its interest rate and the anticipated rise in rates by the Bank of Mexico announced on Thursday, according to analysts of Basic Bank.

"Traders continue to optimistically discount that inflation may have peaked in the United States," Ci Banco noted.

The exchange rate continues close to 19.80 pesos per dollar, will it reach 19...

Although the Mexican currency suffered a slight depreciation at the opening of this Friday, it continues at levels that could consolidate in a downward trend, but a rebound is not ruled out.

LAST MINUTE: Mexican peso reaches its BEST level against the dollar in more than...

The exchange rate recorded its fourth day of appreciation and closed at 19.8873 pesos per dollar, its best level since September 12.

LAST MINUTE: The Mexican peso is the fifth most appreciated currency against the dollar...

While signs on monetary policy are expected in the United States, Canada, Brazil and Europe, the Mexican peso advances slightly this Tuesday.

The 9 worst depreciations of the Mexican peso in recent history

Among the strongest falls in the national currency are those caused by the covid-19 pandemic, in 2020, and the one that triggered the Trump phenomenon during the government of Enrique Peña Nieto.

Isn't everything so bad? The peso would show weakening, but not as Moody's indicates

Analysts in Mexico estimate that the peso could find a ceiling at levels of 20.30 units, since there are no serious elements that allow a strong depreciation of the local currency to be perceived.